At what enterprise value was SPX FLOW acquired in 2026?

During the acquisition of SPX FLOW by ITT in 2026, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 3b - 100b USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Industry & Manufacturing industry currently tracks an average EBITDA multiple of 10.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of SPX FLOW when it was acquired by ITT?

The estimated EV/EBITDA multiple for SPX FLOW is in the range of 15x - 25x. For comparison, the Industry & Manufacturing sector currently shows an average EBITDA multiple of 10.9x. Join our community for free to access full valuation data and industry trends.

When was SPX FLOW acquired by ITT?

SPX FLOW was acquired by ITT in 2026.

What was the revenue of SPX FLOW at the time of the deal?

The revenue of SPX FLOW at the time of the deal is estimated to be in the range of 1b - 3b USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of SPX FLOW during the acquisition?

SPX FLOW's EBITDA is estimated to be in the range of 250M - 500M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the SPX FLOW acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SPX FLOW deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.lonestarfunds.com/lone-star-funds-completes-sale-of-spx-flow-to-itt-inc/

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Home Database Industry & ManufacturingSPX FLOW

03/2026

SPX FLOW acquired by ITT

UNITED STATES Industrial Equipment / Special Machinery EV 3b - 100b USD

Context

ITT Inc. has successfully finalized the acquisition of 100% of the share capital of SPX FLOW from an affiliate of Lone Star Funds. This transformative strategic transaction follows a highly successful take-private phase, during which the organization underwent significant operational professionalization and commercial optimization. The strategic rationale for the move centers on the high degree of technical complementarity between the two portfolios, specifically uniting the target’s specialized mixing and thermal technologies with the acquirer’s established global industrial presence. By incorporating this technical leader, the organization significantly reinforces its position in high-growth, resilient end markets such as health and nutrition. The partnership is designed to leverage the acquirer’s industrialized scale and procurement resources to accelerate the target’s international development. This integration facilitates the creation of a differentiated global champion in fluid handling, providing the strategic depth and technical operational depth required to address complex global industrial challenges. This move solidifies the group’s standing as a primary enabler of technological advancement in the process technology sector.

Lone Star Funds had previously taken control of the company during an LBO in 2022.

SPX FLOW, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Industry & Manufacturing sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

SPX FLOW is a premier technology organization dedicated to the design and supply of highly engineered process solutions. The entity’s business model is centered on high-performance liquid handling and thermal systems, specializing in mixing, blending, separation, and heat transfer technologies. Its value proposition lies in providing technical durability and industrialized reliability to essential markets such as health, nutrition, and general industry. Strategically, the firm focuses on technical operational depth across more than 25 countries, serving as a primary technical partner for global food and pharmaceutical producers. By integrating advanced process engineering with a customer-centric innovation culture, the organization facilitates structural efficiency in complex manufacturing environments. The firm prioritizes the professionalization of its commercial organization to maintain its status as a market leader in specialized fluid management.

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Other operations with SPX FLOW

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
04/2022	LONE STAR FUNDS	SPX FLOW	UNITED STATES	Industrial Equipment	SPX Flow has been acquired by Lone Star Funds. The transaction marks the transition of SPX FLOW from a publicly-traded entity to a private subsidiary of Lone Star. The strategic rationale for the move centers on the acceleration of the target’s long-term growth initiatives within a private equity framework, allowing for a concentrated focus on operational actions and product quality without the constraints of public market volatility. By integrating the target’s innovative product portfolio with the acquirer’s financial rigor, the partnership aims to solidify the organization's leadership in the nutrition and health infrastructure segments.

REFERENCES

Valuation range: EV 3b - 100b USD

Revenue range: 1b - 3b USD

EBITDA range: 250M - 500M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SPX FLOW by ITT are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: spx flow